FREE Calculators & Recon Auditor Download! (Click the links at the bottom) Dealership used car managers are under grueling pressure to find ways to maintain inventory levels while holding onto gross profits. With wholesale prices steadily rising and used car…
The used car department is the dealership’s best customer. When the dealership is turning used cars at a healthy rate, the parts and service departments account for the lion’s share of profitability and absorb upwards to 100% of the dealership’s…
ReconVelocity's Dealership Reconditioning Playbook ReconVelocity's Dealership Reconditioning Playbook outlines specific actions Dealer Principals and Dealership Managers should take to build high velocity, streamlined recon operations and to hold recon teams accountable for specific performance benchmarks, including outside vendors, while working…
As much as we hate to admit it, we’ve all lost cars – sometimes for days or longer. A car may have been stolen and no one at the dealership was aware it was “missing”; or brand new cars without…
To some degree, subletting repairs is something that nearly all dealerships contend with – whether it is glass repair, collision repair, or repair work that the shop cannot handle for one reason or another. Regardless of the type of work,…
Two essential tactics to increase a dealership’s inventory turn is to decrease the Retail-Ready time of newly acquired used vehicles and to simultaneously increase the number of selling days available to sell each of these units. The sooner that you…
Recuperating Used Vehicle Reconditioning Costs Through A Velocity-Driven Recon Operation As new vehicle sales and profits steadily diminish, dealerships are faced with increasing pressure to not only reduce the cost of reconditioning but to get used vehicles retail-ready faster. To…
Improving Recon Processes & Communications for a Cost-Effective & Streamlined Reconditioning Operation A crisis can come suddenly or result from a series of events that occur over time. Regardless, we never wish it upon us and it’s never welcomed. As…